deficit italy has done so and they've abided by that and thus destroyed their economy in a time when you know in the recession when they should have been actually helping the economy and facilitating liquidity in transaction and credit unlike what happened for germany and stuff so let's however look at the technocrats the european commission this was a tweet from a journalist from deutsche of al who interviewed a european commissioner who is a german who is a european commissioner for budget and human resources and so here is the tweet from bernard thomas riegert of deutsche of l. the markets and a darkened outlook will teach italy's voters not to vote for populist parties in the next elections told me the commissioner oettinger in exclusive interview for a dose of health news and strasburg i can only hope that. will play a role in the election campaign so looks like there will be another election in italy probably in july or august. and this guy oettinger who is good herman oettinger a german politician and now a european commissioner he's saying that because the markets have reacte

everyone in the has to understand that if italy is in trouble, you need to help italy. because the opposite is to make europe collapse. some are saying that what you have done is bring not the fascists but a very right—wing nationalist party back into government, in italy, of a kind that has not been seen since mussolini. i have respect for the 6 million voters of the northern league, i don't think they feel close to mussolini. having said that, the mistrust between each other brought us to create this agreement to start the government. we are a democratic party. we respect human rights, human dignity, international law. there would be no room for that. thank you so much for talking to us tonight, thank you. thank you, goodbye. so what does this all mean for the old guard in italy, and those in the rest of europe? i'm joined now from geneva by sandro gozi, an italian mp for the democratic party and, until today, italy's europe minister. very good evening to you, thanks forjoining us, i wonder what you make of what we just heard... really, they are talking about a kind

deficit italy has done so and they've abided by that and thus destroyed their economy in a time when you know in the recession when they should have been actually helping the economy and facilitating liquidity in transaction and credit unlike what happened for germany and stuff so let's however look at the technocrats the european commission this was a tweet from a journalist from deutsche of al who interviewed a european commissioner who is a german who is a european commissioner for budget and human resources and so here is the tweet from bernard thomas riegert of deutsche of l. the markets and a darkened outlook will teach italy's voters not to vote for populist parties in the next elections told me the commissioner oettinger in exclusive interview for a dose of health news and strasburg i can only hope that. will play a role in the election campaign so it looks like there will be another election in italy probably in july or august. and this guy oettinger who is good herman oettinger a german politician and now a european commissioner he's saying that because the markets have rea

country in which they were first processed and of course that generally means either italy or greece which is proving such a burden on those countries which is leading to such tensions in places like southern italy and which has led to partly the election of the new italian government so at that summit as you were saying they will be looking at tinkering with the dublin agreement there have been the quotas agreed back in twenty fifteen at the height of the migrant flow and the italian government criticized france for really taking in less than half of the number that it promised to take in from italy out of a total of twenty thousand but there's no appetite in france to take in many more people either the government here has got tougher in recent months so it really does need some kind of european wide action all right thank you for that nadeem lity barbour's our correspondent there in paris well now looking at the issue particularly in northern italy and it borders with frances is an area of particular tension between these two countries people from sudan eritrea and afghanistan the

and also coming up spain comes to the rescue of migrants on a boat in limbo in the mediterranean sea italy's new wake wing interior minister delivering on a campaign promise a block the vote from entering the italian ports. on leyla iraq thank you very much for your company everyone well we start off with this week's headline event that historic summit between u.s. president donald trump and north korea's leader kim jong il and in the latest twist in the drama filled lead up to choose these talks trump has said he will be leaving singapore early because negotiations on getting rid of north korea's nuclear weapons have moved more quickly than expected well the abrupt change in strums schedule can. shortly after secretary of state michael yo heads to lower expectations for the meeting in the meantime the two leaders have been taking in the sights of singapore. time for a selfie kim jong un hadn't been seen leaving his hotel since shortly after his arrival on sunday but he decided to go for a night time to or if singapore just hours before his historic summit with donald trump. singapore has de

the german operated vessel lifeline refused entry by spain and italy. the ngo has warned the situation on board is critical. you know situation it's getting worse and i would say we also. see this night. he needs. to clean so in the last minutes he could be. seasick italy's hardline interior minister wants to cut off the flow of migrants before they even put to sea he's been in libya calling for reception centers to screen arrivals in neighboring chad and sudan. the target government will support the need to protect the external borders south of libya because libya i mean clearly alone cannot sustain the economic and social costs of this immigration and. libya also wants to see the migrants dealt with elsewhere. we do that if. we agree with the europeans on many matters related to illegal immigration. however we categorically reject the existence of any migrants inside libya and the cool their human. friends now says a european solution is near malta is reportedly willing to open its ports to the migrants the ngos says they will run out of food and wate

basis let's say china did have a go to this do america what they are members do in italy. to see that blew through your metal i see i do want to point out that the i.m.f. has not yet involved in italy it's all about the european central bank and the european commission and the euro zone so the i.m.f. in fact had advised those other troika members to based. they allow a debt restructuring in greece and they were next because there's good cop bad cop with them next week will be saying i messed involved almost ninety nine point nine percent guarantee so i want to also point to another tweet here this is from tony's hassle of t. today's rise in two year italian government bonds yields in perspective one day move greater than anything seen in financial crisis or greek crisis so again this is the cost to insure the bonds the spike in context going back all the way to two thousand as you see it's a one day move that is pretty shocking how much it's gone up but you know there was somebody who responded to them called crypto macro and it's interesting this response because this is

that don't mess with mama duck as italy gets to grips with its new compromise prime minister how will relations now develop with europe that's what moxon stacie into in the latest reports they would. get was. not. killed. good. to. see you. know you. can remember. we have the privilege of being the most allied ally of the united states. sent overseas to and many other alliances promoted by the west and states and particularly by members where we also have the privilege of being the most sanctioned. of that to any group of countries so while it sounds contradictory it is contradictory and this shows that pakistan will do what is in its national interest it will know it's just full of the wind of one wheel the other. four men are sitting in a car when the fifth gets shot in the head. all four have different versions of what happened one of them is on the death row there's no way he could have done it there's no possible way because the oldest did not shoot around a corner. guys are this is the kaiser report we're going to talk about it's kind of this is a story it's almost like deja vu

basis let's say china to have a go to this do america what they are members doing italy. to see that blew through your metal i see i do want to point out that the i.m.f. has not yet involved in italy it's all about the european central bank and the european commission and the euro zone so the i.m.f. in fact had advised those other troika members to. they allow a debt restructuring in greece and they were next because there's good cop bad cop with them next week will be saying i messed involved almost ninety nine point nine percent guarantee so i want to also point to another tweet here this is from tony's hassle of the f.t. today's rise in two year italian government bond yields in perspective one day move greater than anything seen in financial crisis or greek crisis so again this is the cost to insure the bonds the spike in context going back all the way to two thousand as you see it's a one day move that is pretty shocking how much it's gone up but you know there was somebody who responded to them called crypto macro and it's interesting this response because this is s

agreed because italy also has a responsibility in this case italy is responsible for the whole area between libya and italy going to comes to rescue operations and this ship was also directed by the marine by the navy operation center in rome so the lifeline is not operating on its own it's part of a bigger operation and all of the e.u. member states bordering the mediterranean have some responsibilities because they all closed harbors more or less not only italy and malta also france spain have said they'd take any migrants so the lifeline is the third boat in the last few days to be refused entry only for negotiations to produce a solution so this is starting to look like the new de facto european migration policy making and make life difficult and uncertain a full rescue ships. it's clear the strategy behind the italian approach is now deter migrants as you can so that they don't enter the boats and don't try to cross the mediterranean and mr salvini the rightwing interior minister is the very strict and very harsh on this policy but it is not quite new the italians already set i

italy with a strong economic backdrop. if there is a government, which comes after maybe an election if sanchez's government does not last long. on the eu issue, data out of the eurozone, manufacturing losing momentum in may as the strength of the demand eased. vonnie: a little air coming up at the risk off sentiment. you can see that in the yen trade. weaker yen. june 1. this is interesting. wti --d plus a 66.38 on 66.38.on this is micro, macro, flow factors weighing on these prices on the spread, widening. it will come back into line as soon as opec and russia pump more in. weaker chinese yuan. china again putting pressure on the break pedal. the g20 movers, you mentioned them already, italy having a better day now that there is success with an actual government. the korean won is up seven cents of a percent. -- 7/10 of 1%. we will get a hand delivered letter to the president of united states from kim jong-un saying he wants a summit with no preconditions or any threats. you pointed out that sovereign bonds are having a

italy pulls back from the brink. spain topples over it. in the uk, the conservatives look for compromise over brexit. and donald trump marshals his diplomatic forces for peace. to discuss all of that with me — greg katz of the news agency the associated press, stefanie bolzen from the german newspaper die welt, the iranian writer nazenin ansari and iain martin, columnist with the british newspaper the times. there's an old joke that the united kingdom and the united states are two nations divided by a common language. but whether you say "aluminum" and i say "aluminium", a 10% tariff on imports of that and 25% on imports of steel is not a friendly gesture. on friday, donald trump's administration imposed the duties, saying negotiations with the european union, canada and mexico haven't made enough progress in the two months since he first threatened tariffs on foreign metals. the french said it was illegal, the british called it absurd, and justin trudeau, canada's prime minister, looked hurt. stefanie, the european commissioner responsi

the tenure difference between spain and italy, italy dropped. it's got was 73 basis points over spain -- wide st it got was 73 basis points over spain. that is one thing be will be keeping an eye on, the difference between spain and italy in the months going ahead. that is where the relationships will be in the rest of the eurozone. theat means for germany,l is 300 basis point or possibly even higher. if i am trying to understand the gap between any , ithe atp and raising rates have had conflicting reports out on this subject. abouts have been talking tbw short ong a gap the a -- how does it to be play into that story? is it six months, a year? the market will try and figure out what is happening. what will be fed be doing in 2019, 2020? ark: what ever ecb does pull ill be playing vanilla -- w not be playing vanilla. ecb give thethe ack into app. they will give the criteria to say, if it doesn't go smoothly, we will give a criteria for ending the app. cranfield, joining us from our markets team. if you want to join the debate, go on your live bl

italy's recent elections again demonstrate the e.u. smeal liberal agenda is under continued pressure even under threat where is this grand historic project going how should we understand the italian elections the german elections and gregg's it in. many european countries several times believe that we shan't should get out of this is sanctioned and come to something that gets through the. box let's be honest. to the see the final decision on this issue. has to come from watching. those washington these guys and we need you tonight to do three rules. welcome back to the kaiser report i'm asked guys are time now to go to south africa and speak with abraham cambridge of the sun exchange it's a new block same company that got its start encrypt a few years ago and start joint dot com a site that i founded so i'm very special interesting in this story it's an amazing story abraham welcome back to science and spent a long time concerts going to show you thanks for having me all right super another one phrase pops out when talking about the st

all smiles for the cameras in paris but the leaders of france and italy have been at loggerheads over their policy on migration and. afghanistan says pakistani taliban leader mullah fazlullah ordered the attack on schoolgirl malala has been killed in a u.s. drone strike. and a galaxy of stars turn out at london's westminster abbey to celebrate the life of late astrophysicist professor stephen. i'm joining in doha with all your world cup news including christiane and i'll do with the hat trick hero for portugal as they earn a three three draw with spain in their tournament opener. we begin with an escalating trade between the world's two biggest economies china and the united states earlier u.s. president donald trump announced he would be imposing twenty five percent tariffs on fifty billion dollars worth of chinese imports saying he was doing so to save american jobs beijing promised to retaliate quickly and it has imposing a tit for tat tariff of twenty five percent on u.s. goods also worth fifty billion that will take effect from july sixth alan fisher has more from the white house

are the governments are the central banks of the world because just like greece just like italy the e.c.b. has been mostly buying their bonds and the italian government and the talian banks so the bond holders are the ones being bailed out once again it's the bond holders not the market you know equity markets or property market people who are getting out participants who are getting a bailout it's the bond holders that you know always in a negotiation there's supposed to be two sides to the story you know everybody has to give and take but like with greece the bondholders didn't give a tiny even fraction of a haircut none the same with italy they don't want to give any haircut nothing because that cannot be. you know ever becoming an established principle we've really negotiated the history of capitalism no longer is the creditor ever part of the equation they get everything one hundred percent you the debtor is abused so here is a tweet to the response to the oed injure who is saying that the markets are going to punish the voter well this is a different take markets spooked by politica

countries italy's far right interior minister had already up the rhetoric the previous evening. in europe the times are over when france and germany decided refugee policy when they told european italy what they had to pay and which migrants they had to take in. it took a call from angela merkel in the promise to withdraw the draft before the italian prime minister agreed to attend this weekend's talks we'll see each other in brussels on sunday can they wrote sounds like he's ready for a fight. yeah but you have to of course be face to face to have a fight will that happen think about that i'm joined by auster de botton she specializes in immigration and integration policy at the german marshall fund think tank here in berlin is the word it's good to have you on the show i mean when you hear what's going on just in italy and on t.v. talking about eastern europe right now what does that tell us in terms of the possibilities of a success coming out of this summit. well we certainly know that it's not going to be easy what ever she has to and she has to try and figure out how to br

cross talking italy and the e.u. i'm joined by my guests. in london he is a foreign affairs consultant and analyst also in london we have to go find this exit he is a senior lecturer in european politics at the university of surrey and in milan we cross to monaco bus on the he is a professor of political theory at the university of milan all right gentlemen cross talk rules in effect that means you can jump in anytime you want i always appreciate that they have on this let me let me go to you first in london we have somewhat of a crisis we'll see where it goes in italy we had the majority of italians going to the polls voting for parties that were against the neo liberal agenda of the status quo and i would also extend that to the philosophy of the e.u. and now we have a nonpolitical technical government and it looks like it's only a matter. of time before there's going to be another election i mean where do you see this going because on the one hand you have the elites worried about share values assets and that's perfectly understandable an

they have increased in italy by 3%. you have an electorate sold the promise of the euro, lots of warnings at the time that it was imperfectly designed and heading for a smash at some point. it seems to be almost impossible to reform. president macron is doing brilliantly in many respects, but there doesn't seem to be any sense... we could have had this conversation six or seven years ago and saying the same things and yet it is still there. italy and the love for europe of the italians and they felt let down because of the refugee crisis. it was italy who had to cope because of the dublin agreements, data in hundreds and thousands of refugees and where pretty much left alone with it. no wonder people say they don't help us, why should we stick to the project. greece is suffering from the refugee crisis as well. and malta. there have been reports of refugees selling their passports and returning to turkey or syria. because they cannot cope, the culture change as well. europe is faced with so many tremors and fault lines

first major rescue landing in italy since it has been he became the deputy prime minister something he has promoted a hardline anti immigration stance since being. in office jonah hall joins us live now from rome so what is the latest jonah. well this is evidence really of the many many people hundreds daily still trying to make this crossing from north north africa to serve in europe but as they get into trouble at sea as many inevitably do it now matters who they're picked up by as to where they will be taken to because foreign flags n.g.o.s rescue vessels operating in the med have now been told by the italian government that they will no longer be able to access safe harbor here in italy of course the coast guard still is allowed to carry out rescues where it finds them in terms of the law of rescue at sea but effectively this week it's italy and the government here has said no more to the long established status quo in the mid. for four days they've been aboard the m.s. aquarius relief at being rescued short lived now uncomfortable in the searing mediterranean heat and yet reall

warns of a bloodbath in syria's italy province after an escalation in fighting and their strikes and in sports roger federer returns after a three month break looking to regain the tennis world number one spot. but first spain a step then to help a refugee rescue ship stranded in the mediterranean after being turned away from italy saying it can dock in spain the aquarius which is run by the charity s.o.s. may be kept on there and the seth is carrying six hundred twenty nine people rescued from the sea off the coast of libya now the ship is currently at sea sixty five kilometers from italy and fifty kilometers from malta but with both of those countries refusing to accept the ship it may be headed to valencia one thousand five hundred kilometers to the west so they're going to go has more. my job now in the dead of night a precarious rescue in the mediterranean six hundred twenty nine people picked up by the italian coast guard and transferred to the aquarius rescue ship run by the french charity s.o.s. made to tiffany the terror and the trauma all too evident google google deborah b

we have to help italy through this situation. the european central bank is going to help italy. the mechanism in europe and wait are deciding to ensure that no country in europe can go into a situation of crisis. europeansat we as will help. there is still doubt about that. tom: good morning. within this is the idea of spain, which has been a wonderful sense of a stability for all of europe. is the stability that spain brings jeopardized today? manuel: not at all. years of life in spain, the socialist democratic spanish has notound the country only generated growth but also social integration and stability . we fill our obligations in europe. record of being a pharmacist -- a reformist party. we will manage the problems with social integration with italy. the next european summit will focus on completing the banking union. what should your stance with spanish banking unions be? we should go forward with this. , threatening the euro important foris to start construction of europe. we will work not only with the commission but also with our colleagues in the social democratic part

follow your emperor to italy. so don't charge me it won't be at your expense but you won't get goals were. dismissed without the silver mines in khosla the am pro wouldn't have any funds himself and then you got me in that case may god be with you cousin if i want. is to be done i must allow you so certain of your power of saxony. this fight the empire has made your greatest. but it can crush you again today it's actually the. way the air. henry refuses to participate in the military campaign he's not violating any lure in doing so but he is still snubbing the emperor. an empire stretching from the baltic across the alps to the mediterranean can only function if barbarossa manages to incorporate the northern italian territories in the long term and he needs the wealth of the italian cities. but the long bods doesn't want to be part of an empath ruled by germans nor be its paymaster just a few years after man's destruction its citizens have returned to the city and rebuilt it has. blown bad troops face barbarossa n

there is a new government in both spain and italy. we have to work with these governments, and continue our job. position we are in. mike: the spanish government not as big a change. what do you think of the new administration there? they are more friendly towards eurogroup. mario: this is a domestic issue in spain. the discussion there is not about europe, which is good. but,the discussion there is not about yes, we will continue to work with spain. i have been working closely with the two previous finance ministers of spain. i am sure that it will continue to be like that. mike: the catalan situation has been 10 down for the time being but still exists. you have the populist parties taking over in italy. are you concerned populism is still on the rise in europe? mario: we need to combat populism with pursuing our way, inn a very patient the sense that we need to be quite assertive on pursuing it. and deal with the aspirations of the cities in a positive way, so that we can really meet those answersons and provide that have the ultim

certainly italy would say it ought to mean the end of the dublin rules monica. italy is proposing that they simply be jettisoned that europe adopt a new system so two questions to you also as in the talian first of all how does italy born a disproportionate share of the burden has it been left in the lurch by other countries and secondly who is looking for what in this current debate take us through it briefly if you would. yes has a point because it has been the frontline state and there has not been an equal sharing of the responsibility the new proposal. with the european parliament looks at the possibility for refugees to put forward their asylum claims not only are not necessarily in the first country of entry and. this gives the possibility to have a different sharing actually. i would like to give also another number that shows that that we were going into the right direction and that is the number the from thinks gave recently talking about the returns frontex just let's remind people is that coastal guard that is yes and they gave reason to figure that

upheaval in italy. a political stalemate sends shockwaves through the global market. >> italy is basically a country that is raking down. >> we are in a situation today where the fundamentals of italy are very good. >> what we are seeing basically across the board is reduction of risk. scarlet: another week of actions and reactions on global trade. >> it no longer appears to be america first. it almost appears to be america alone. scarlet: chinese equity markets open up as the mainland shares join mainland indexes. the u.s. jobs report provides another data point. >> the fed hawks basically think that they can move forward once, twice, some say three times. scarlet: canadian prime minister justin trudeau gives us an exclusive on his nafta stance. mr. trudeau: no nafta is better than a bad deal. scarlet: and how seriously should investors take europe's turmoil? experts show their insight. >> i don't think we are facing an existential threat at all. >> the trend is still heading higher in rates and gradua

and greece almost forty percent arrived in italy the rest split evenly between greece and spain nine hundred seventy two people died trying to make that crossing italy is turning away ships carrying refugees rescued from the mediterranean sending a clear message to europe that they will no longer bear the brunt of migration italy's interior minister mathias sell beanie has told refugees to pack their bags and many italians many of whom still believe migrants are still flowing in at crisis levels welcoming his anti immigrant rhetoric charlie angela is in sicily finding out how refugees there feel about this new more hostile environment. a bus from catan yeah unloading into cardamon new one of europe's largest refugee camps here there is fresh for refugees applying for asylum they've heard that italy's new interior minister is hostile to migrants and their rights just. so whatever he puts is that it'll just fully so even if he said revolution will talk a little of it into sleep. ernest came from ghana when he was fifteen he lost his mother in libya and made his way to italy alone now a

volunteer in spain a couple of days after it was sent to turned away from italy. the route started and the talian interior minister mark vaile salvini head of the right wing league a well known anti migration campaigner previously said that he wanted an apology from france all this summer to the elysee palace should not happen while it is of course happening after a phone call from president emanuel my call wednesday night he didn't apologize but he made it clear that he didn't mean to insult italy or the italian people now the italian government have been pointing out that in the last. six months or so from the beginning of this year until the thirty first of may they say that france turned away ten thousand people push them back over the border from france into italy suggesting that france isn't taking its fair share pointing out that under a quota system reaching twenty fifteen at the height of the migrant flow france promised to take in around nine thousand people just from italy and they've only taken in around six hundred so really pointing the finger back a

marking the first time italy's so-called populists have been in government. i swear to be loyal to the public to faithfully respect his constitution and its laws and to exercise my role in the exclusive interest of the public. the financial markets have reacted positively to the new government with shares in italian banks gaining more than three percent on friday but this is unknown territory for italy and the new administration is promising big changes the incoming interior minister matteo salvini head of the far right league wants to expel hundreds of thousands of undocumented migrants he's recently talked about setting up detention centers across the country while he's equally ambitious rival five star leader luigi to my old who'll be labor and industry minister has promised a basic minimum income then this is how italy will interact with the european union . euro skeptic prevented from being economy minister just days ago it would be in charge of e.u. affairs and giovanni tria the replacement economy minister has criticised germany and called for changes

world cup without italy isa they said. world cup without italy is a world cup, said andrei. a bit like brazil without coffee added his friend —— andrea. fora like brazil without coffee added his friend —— andrea. for a few minutes at least, they appeared to enjoy putting aside their country's footballing failure. this summer, italy may be turning in on itself with a sense of resignation, gloom and shame, but it is not all bad news. one set of italian players has decided to redeem this country's reputation. the italian women's team has done what the men couldn't do. the women have just qualified for their world cup to be held in 2019. it is the first time they have made it in 20 years. we met the squad at their training it in 20 years. we met the squad at theirtraining camp it in 20 years. we met the squad at their training camp outside florence. unlike their male counterparts, they are not multimillionaires, and they don't have their own clothing brands. but this 22—year—old striker tells me that the women's game is on the rise. i am sure there are going to bea r

and we have to obviously change the dublin not only in the interests of italy. which today has been left alone to confront the crisis but we have to strengthen our. solidarity. as far as the euro zone is concerned we are in favor of strengthening the economic governance of europe we. as president micron's said have broached this subject and we also exchanged ideas about how arrangements could be made italy is in favor. of. new mechanisms for spreading risk. and i must say that we are behind in this respect so we have to concentrate above all on questions of evasion. relations are excellent we are anticipating an intensification of cooperation with france and particularly in terms of the defense industry shipbuilding and so on we are prepared to go along with france there. i am as i said absolutely delighted by this intense cooperation which we have and which is before us and i am very happy to. announce that on this first visit of mine. and that essentially would be a bilateral summit in autumn. and that would be the opportunity for strengthening at various leve

businessman mattio esposito believes in technology with a made in italy label. the system developed by esposito and his team of fifteen has made it to market even though conditions for start ups may not be optimal. the united states i can't. in twenty four hours i can have a yes or nor in two days and here maybe i take weeks or months so. i don't feel stuck at the here i'm proud to be here. milan startups could send a signal to the rest of the country that it's still possible to achieve success in italy all you need is the right ideas to create new opportunities. and talking about new opportunities the video game industry is finally asking where all the women are the gap is shrinking game developers realizing close to half their customers are females plus it's a multi billion dollar business time to cash in on the craze is kristina. must know that more than one hundred billion dollars a year that's how much the videogame industry is worth world why. and what the world of video games is a world made by men. it was some thought of a musclebound of characters or so

is in dire straits and rome's financial options are limited italy is the us fortunate fourth largest economy its step that is among the blocks highest right behind greece kanzi wants to reduce the gap between debts and economic output italy's debt is currently at one hundred thirty two percent of gross domestic product by growing the economy that all important percentage can be changed without significant cuts and a limit on borrowing to stimulate that growth for the long term rome is planning massive tax cuts the short term however this will likely lead to shortfalls in revenue and even more debt it's a risky strategy strategy considering that italian debt has been continuously growing since the man's financial crisis in two thousand and eight from one hundred two percent to the current one hundred thirty five. version italy's new administration will take a coalition of populace from both ends of the political spectrum is anyone's guess this uncertainty can be felt at present in the southern italian port city of toronto. engines of course sure has been working at the ylva steel mill

them either but they still keep blending in italy are coming through italy and they want to get rid of those people too and have somebody take them off their hands so what could a possible solution be there if there isn't one it will cost a tremendous money for berlin they might be willing to pay it but at the moment we can't really see what that would look like. faisal reporting for us thank you barbara. an immigration crisis on america's southern border is drawing international condemnation british prime minister theresa may has said images of children being held in cages were deeply disturbing more than two thousand miners have been separated and confined away from their parents since early may president trump has defended the separation policy despite growing anger from both sides of the political aisle now the transparency group publica has released an audio recording that apparently features sobbing central american children that has added fresh fuel to the debate. but i remember one of. the. children detained in cages calling for their parents this is the trumpet ministrations z

help italy more on immigration. first important sign that italy can't continue to bear this huge burden on its own. i mean it's clear the european union can't go on this way. we hope today is a new beginning. but the charity running the rescue ship has warned of the challenges in reaching the spanish port of the length it would take at least two days putting vulnerable people at risk that's why the un is continuing to put pressure on italy and malta which are much closer to let the ship dock its creation is getting more dramatic by the minute and that's why we are asking this me authorize these invocation and to leave if. the political issues on how to manage. flows of. refugees for. cost addressed in an unwelcoming political climate the fate of the migrants aboard the aquarius is still unclear. and joining me here in the studio is florian vest fall from doctors without borders which runs a medical clinic on the stranded ship and we thank you so much for joining us this evening to talk about the situation what are y

an agreement that suited italy he did and because of that italians believe they got some concessions but nothing will change if we don't play hardball on grey's our voices will never get anything so. long. under the new e.u. agreement italy could host voluntarily new migrant centers that would process all arrivals and determine which are genuine refugees and which are illegal migrants. managed by this country already has refugee camps the difference is that these arrivals would no longer be subject to the dublin regulations italy would not be responsible for. the ideas they could be divided up between other member states but again. on how that would happen and for italians sharing the burden is a key issue. italy's been left alone it's true but of course i don't agree on the methods used by our interior minister i do think europe has to be reformed especially because there is no agreement on this issue the agreement also promises to explore the idea of setting up disembarkation platforms in north africa to try and process migrants before they even attempt the mediterranean crossing b

italy is a country that is raking down. >> we are in a situation today where the fundamentals of italy are very good. >> what we are seeing across the board is reduction of risk. scarlet: another week of actions and reactions on global trade. >> it no longer appears to be america first, it appears to be america alone. >> chinese markets open up as the mainland shares join some indexes. the u.s. jobs report provides another data point. >> the hawks think they can move forward once, twice, some say three times. scarlet: and canadian prime minister justitrudeau gives us an exclusive on his nafta stance. >> no nafta is better than a bad deal. scarlet: and how seriously should investors take the turmoil? experts show their insight. >> i don't think we are facing an existential threat at all. >> the trend is still heading higher in rates and higher in equities. >> the italian situation shows uncertainty can certainly rear its head at any moment. scarlet: that's all ahead on "bloomberg best." hello and welcome. i'm scarlet fu. this is "bloomberg best," your weekly review of the most important